Unit 807 Studio Turnkey investment opportunity at 501 First Residences, a modern Downtown Miami building allowing daily rentals with no minimum restrictions—ideal for short-term rental investors. Unit 807 is a well-designed studio residence offering 447 SF (42 m²) with an efficient open layout, floor-to-ceiling impact windows, and a private balcony providing natural light and urban city ambiance. Delivered fully furnished with blinds and sofa bed, this unit is ready for immediate rental income. The residence also includes a storage provided by the association, adding additional convenience and flexibility for owners and guests. 501 First Residences offers resort-style amenities, co-working spaces, fitness center, social lounges, and prime walkability to Miami Worldcenter, Brightline Station, Bayfront Park, dining, entertainment, and major transportation corridors. An ideal plug-and-play investment in one of Miami’s fastest-growing short-term rental markets.
Listing Provided Courtesy of Optimar International Realty at 305-947-0477
Property Details
Price:
$449,000
MLS #:
A11961922
Status:
Active
Beds:
0
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
501 First Residences
Neighborhood:
2410
Listed Date:
Feb 9, 2026
Finished Sq Ft:
447
Year Built:
2025
See this Listing
Schools
Elementary School:
Frederick Douglass
Middle School:
Jose De Diego
High School:
Booker T. Washington
Interior
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Ceramic Tile
Heating
Central
Exterior
Association Amenities
Maintenance, Pool, Fitness Center, Kitchen Facilities
Construction Materials
CBS
Direction Faces
South
New Construction YN
1
Patio And Porch Features
Patio
Security Features
Elevator Secure, Lobby – Attended, Security System
View
Skyline
Financial
HOA Fee
$657
HOA Fee Frequency
Monthly
HOA Includes
Cable TV, Hot Water, Internet, Water
Tax Year
2025
Map
Community
- Address121 NE 5th Street 807 Miami FL
- Subdivision501 First Residences
- CityMiami
- CountyMiami-Dade
- Zip Code33132
Market Summary
Property Summary
- Located in the 501 First Residences subdivision, 121 NE 5th Street 807 Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $449,000 and features 0 beds, 1 baths, and has approximately 447 square feet of living space, and was originally constructed in 2025. The current price per square foot is $1,004. The average price per square foot for Condo listings in Miami is $693. The average listing price for Condo in Miami is $981,439.
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